Game Planning for Mid-Life Real Estate Purchases

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Purchasing real estate can be a daunting prospect at any point in life. However, if the purchase is the result of financial negotiations related to divorce or separation in mid-life, this decision is even more daunting due to variables of health, wealth, retirement and fluctuations in earning capacity. If you have clients or know individuals considering making an initial or secondary real property purchase as a result of a divorce or separation where mortgage financing may be involved, this article will five key points for them to keep in mind.

Karen D. Sparks

JD, CDFA®

Karen D. Sparks, CDFA® J.D. is the principal and owner of Divorce Financial Strategists™. In her capacity as a certified divorce financial analyst®, Ms. Sparks is trained to provide expert financial services that are specifically targeted to the area of divorce and separation.  

Core practice areas include but are not limited to : Complete financial asset review and analysis, spousal and child support, settlement projections, tax implications for support, real property and investment assets, analysis of retirement accounts, real property offsets or buyout and other areas of asset distribution including post-divorce tasks are all handled with the specific goal of facilitating the divorce and separation process.

As part of her client engagements, Ms. Sparks has been a retained expert and trial expert witness for clients on the subject of marital standard of living, analysis and computation of separate and community property interests in real estate and valuation of business entities in order to determine income for support.  She is also the co-author of the Stress Free Divorce, volume one published in April 2017.

Ms. Sparks provides divorce financial analysis to services to individuals and couples and also provides consulting services to attorneys, mediators, alternative dispute resolution professionals and other family law service providers. 

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